A fresh produce distributor uses 870 nonreturnable packing crates a month, which it purchases at a cost of $5 each. The manager has assigned an annual holding cost of 25 percent of the purchase price per crate. Ordering cost is $32 per order. Currently the manager orders 870 crates at a time. How much could the rm save annually in ordering and holding costs by using the E00? (Round the final answer to 2 decimal places.) Annual savings $ |:|